Written on July 29, 2022 in
USA
Key pieces of the China competition bill passed Congress this week, but without GSP renewal (or any of the other trade provisions). While GSP importers must plan for months more of GSP expiration, the Coalition is considering a number of potential next steps (e.g., new legislative requests, importer sign-on letter, September fly-in to lobby for...
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Written on July 11, 2022 in
USA
Tariffs paid by American companies due to expiration of the GSP program keep going up up up. Based on an analysis of new U.S. Census Bureau data, American companies paid at least $113 million in tariffs on products claiming GSP in June due to GSP expiration – and $1.7 billion in new tariffs from January...
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Written on June 30, 2022 in
USA
A simple statement from a GSP importer that shows why GSP reauthorization must be a part of any “China competition bill” like the one that House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer hope to pass in July. Yet with the clock ticking until August recess – and then November elections – there...
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